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Pension and Other Post-Retirement Benefits (Tables)
9 Months Ended
Sep. 30, 2020
General Discussion Of Pension And Other Postretirement Benefits [Abstract]  
Pension and Post-Retirement Plans

The following table sets forth certain disclosures for the Company’s pension and post-retirement plans for the periods indicated:

 

 

 

For the Three Months Ended September 30,

 

 

 

2020

 

 

2019

 

(in thousands)

 

Pension

Benefits

 

 

Post-

Retirement

Benefits

 

 

Pension

Benefits

 

 

Post-

Retirement

Benefits

 

Components of net periodic (credit) expense: (1)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Interest cost

 

$

1,173

 

 

$

82

 

 

$

1,415

 

 

$

128

 

Expected return on plan assets

 

 

(3,876

)

 

 

-

 

 

 

(3,483

)

 

 

 

Amortization of prior-service costs

 

 

-

 

 

 

(62

)

 

 

 

 

 

(62

)

Amortization of net actuarial loss

 

 

1,831

 

 

 

6

 

 

 

2,509

 

 

 

31

 

Net periodic (credit) expense

 

$

(872

)

 

$

26

 

 

$

441

 

 

$

97

 

 

 

 

For the Nine Months Ended September 30,

 

 

 

2020

 

 

2019

 

(in thousands)

 

Pension

Benefits

 

 

Post-

Retirement

Benefits

 

 

Pension

Benefits

 

 

Post-

Retirement

Benefits

 

Components of net periodic (credit) expense: (1)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Interest cost

 

$

3,519

 

 

$

246

 

 

$

4,245

 

 

$

384

 

Expected return on plan assets

 

 

(11,628

)

 

 

 

 

 

(10,449

)

 

 

 

Amortization of prior-service costs

 

 

 

 

 

(186

)

 

 

 

 

 

(187

)

Amortization of net actuarial loss

 

 

5,493

 

 

 

18

 

 

 

7,526

 

 

 

93

 

Net periodic (credit) expense

 

$

(2,616

)

 

$

78

 

 

$

1,322

 

 

$

290

 

 

(1)

Amounts are included in G&A expense on the Consolidated Statements of Income and Comprehensive Income.